InvestmentMay 28, 2026, 09:02 AM
Luda Technology acquires 4% stake in blockchain firm INERI for $1.2M
AI Summary
Luda Technology Group Ltd. announced the acquisition of a 4% strategic equity interest in Hong Kong International New Economic Research Institute Limited (INERI) for US$1.2 million in cash. INERI, incorporated in 2019, specializes in blockchain industry consulting, development, and maintenance services, particularly in the tokenization of real-world assets. This investment aligns with Luda Technology's commitment to exploring emerging technologies and diversifying its growth strategy, with plans to evaluate integrating blockchain into its trading platform for enhanced efficiency.
Key Highlights
- Luda Technology acquired a 4% strategic equity interest in INERI.
- The acquisition was for a total cash consideration of US$1.2 million.
- INERI provides blockchain industry consulting and real-world asset tokenization services.
- The investment aims to explore emerging technologies and diversify Luda Technology's growth strategy.
- Luda Technology will evaluate integrating blockchain technology into its trading platform.
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